Peadar Tóibín (Meath West, Aontú) | Oireachtas source

I welcome the witnesses. I apologise to the committee. I had Taoiseach's Questions so I missed the first presentation but I have read some of the documents that have been submitted.

With regard to the mortgage break, the key issue for many people is that workers are banned from working as of tonight, yet the response of the banks to them is that the mortgage break is discretionary, not mandatory. A second element to this in many people's minds is that the economic situation facing borrowers right now is worse than it was back in March and April when the mortgage break was brought. People are, therefore, in a worse circumstance with less protection. However, that has been discussed at length by other members at this stage and, therefore, I will direct my questions elsewhere. We might have a back and forth and I guarantee it will be succinct from my side.

What is the cost of the funds available to the banks through the ECB at the moment?